Question: A deposit check may be held uncashed by the broker until acceptance of the offer A ) if there is not enough money in the

A deposit check may be held uncashed by the broker until acceptance of the offer
A) if there is not enough money in the account to cash the check.
B) under no circumstances. Deposit checks must always be cashed immediately.
C) if the buyer has given written instructions to hold the check uncashed.
D) if the seller is informed that the check is being held uncashed.
A deposit check may be held uncashed by the

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!